Civic Intelligence

Mcgehee Industrial Foundation

990 • Fiscal year 2019 • EIN 71-0621778

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 29, 2020

Organization ProfileN/A
PO Box 612McGehee, AR 71654

(870) 222-4300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

27th percentile

0.00x

Higher debt load relative to revenue than 27% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

1st percentile

-849%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

44th percentile

$2,200

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

1st percentile

-83%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-49%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$671,619

Down $3,293,801 (-83%) from 2018

Net Assets

Down

$671,135

Down $1,304,906 (-66%) from 2018

Liabilities

Down

$484

Down $1,988,895 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin1st percentile

Revenue

Down

$153,683

Down $145,562 (-49%) from 2018

Expenses

Up

$1,458,589

Up $1,398,774 (+2339%) from 2018

Net Income

Down

-$1,304,906

Down $1,544,336 (-645%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $658,857Liabilities 2011: $0Net Assets 2011: $658,8572011Assets 2012: $405,342Liabilities 2012: $02012Assets 2013: $828,175Liabilities 2013: $388Net Assets 2013: $827,7872013Assets 2014: $1,111,220Liabilities 2014: $333Net Assets 2014: $1,110,8872014Assets 2015: $1,198,029Liabilities 2015: $374Net Assets 2015: $1,197,6552015Assets 2016: $1,144,045Liabilities 2016: $605Net Assets 2016: $1,143,4402016Assets 2017: $3,885,341Liabilities 2017: $2,148,730Net Assets 2017: $1,736,6112017Assets 2018: $3,965,420Liabilities 2018: $1,989,379Net Assets 2018: $1,976,0412018Assets 2019: $671,619Liabilities 2019: $484Net Assets 2019: $671,1352019Assets 2020: $663,020Liabilities 2020: $3,607Net Assets 2020: $659,4132020Assets 2021: $617,320Liabilities 2021: $238Net Assets 2021: $617,0822021Assets 2022: $573,900Liabilities 2022: $0Net Assets 2022: $573,9002022Assets 2023: $523,938Liabilities 2023: $0Net Assets 2023: $523,9382023Assets 2024: $536,394Liabilities 2024: $0Net Assets 2024: $536,3942024

Highlighted filing

2019

Assets$671,619
Liabilities$484
Net Assets$671,135
Open 2019 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $99,216Expenses 2011: $13,604Net Income 2011: $85,6122011Revenue 2012: -$49,629Expenses 2012: $203,886Net Income 2012: -$253,5152012Revenue 2013: $478,988Expenses 2013: $56,543Net Income 2013: $422,4452013Revenue 2014: $345,196Expenses 2014: $62,096Net Income 2014: $283,1002014Revenue 2015: $139,047Expenses 2015: $52,279Net Income 2015: $86,7682015Revenue 2016: $20,717Expenses 2016: $74,932Net Income 2016: -$54,2152016Revenue 2017: $667,943Expenses 2017: $74,772Net Income 2017: $593,1712017Revenue 2018: $299,245Expenses 2018: $59,815Net Income 2018: $239,4302018Revenue 2019: $153,683Expenses 2019: $1,458,589Net Income 2019: -$1,304,9062019Revenue 2020: $25,670Expenses 2020: $37,393Net Income 2020: -$11,7232020Revenue 2021: $10,156Expenses 2021: $52,487Net Income 2021: -$42,3312021Revenue 2022: $57,779Expenses 2022: $100,961Net Income 2022: -$43,1822022Revenue 2023: $146,570Expenses 2023: $196,532Net Income 2023: -$49,9622023Revenue 2024: $49,386Expenses 2024: $36,931Net Income 2024: $12,4552024

Highlighted filing

2019

Revenue$153,683
Expenses$1,458,589
Net Income-$1,304,906
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 29, 2020
Return Version
2019v5.0
Gross Receipts
$159,063
Mission and Program Overview

Mission

Industrial Development of the McGehee, Arkansas area. Operation of the Rohwer Location World War II Japanese-American Internment Museum. Support of our local non-profit hospital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,976,041$671,135▼ $1,304,906
Savings and Temporary Cash Investments$373,004$357,287▼ $15,717
Land, Buildings, and Equipment, Net$3,577,418$294,398▼ $3,283,020
Cash and Non-Interest-Bearing Accounts$14,998$19,934▲ $4,936
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,965,420$671,619▼ $3,293,801
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,988,937--
Accounts Payable and Accrued Expenses$442$484▲ $42
Total Liabilities$1,989,379$484▼ $1,988,895
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,976,041$671,135▼ $1,304,906
Total Liabilities and Net Assets / Fund Balance$3,965,420$671,619▼ $3,293,801

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$294,398$114,193$408,591
Equipment-$745$745
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
James M SmithPresidentPT$2,200$2,200
Jamie StallansSecretary-$1,400$1,400

Board Members and Trustees

NameTitle
Jim DanielsVice President
Bob LuckyDirector
Bob WareDirector
Jeff OwyoungDirector
Kathy FergusonDirector
Kenny GoberDirector
Leon LloydDirector
Pam BlissittDirector
Jack MayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$136,591
Program Service Revenue
$4,088
Investment Income
$5,282
Other Revenue
$7,722
All Other Contributions
$136,591
Change in Net Assets
$-1,304,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,407,381
Other Expenses$29,002
Salaries, Compensation, and Employee Benefits$22,206
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,407,381--$1,407,381
Other Salaries and Wages$17,142--$17,142
Depreciation Depletion$16,431--$16,431
Current Officers, Directors, Trustees, and Key Employees$3,600--$3,600
Fees for Services Accounting$2,091--$2,091
Payroll Taxes$1,464--$1,464
Office Expenses$1,123--$1,123
Insurance$1,120--$1,120
Advertising$1,112--$1,112
Other Expenses$620--$620
All Other Expenses$578--$578
Total Functional Expenses$1,458,589$0$0$1,458,589
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
McGehee Hospital IncMcGehee, AR501(c)(3)Local Hospital Support$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,102
Fundraising Direct Expenses$5,380
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Any person interested in the industrial development of McGehee, Arkansas is eligible to be a member of the Foundation.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
McGehee Industrial Foundation
EIN
71-0621778
Phone
8702224300
Address
PO Box 612, McGehee, AR 71654

Signing Officer

Name
James M Smith
Title
President
Signed
2020-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James M Smith
Formed
1986
Legal Domicile
Ar
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
20

Preparer

Firm
The Montgomery Firm CPAs PA
Address
202 West Lynn Street, Mc Gehee, AR 71654
Preparer
Stephen N Montgomery
Phone
8702226005
Raw XML AppendixShowing 400 of 431 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0442
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0484
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Industrial Development of the McGehee, Arkansas area. Operation of the Rohwer Location World War II Japanese-American Internment Museum. Support of our local non-profit hospital.
IRS990/AdvertisingGrp/ProgramServicesAmt01112
IRS990/AdvertisingGrp/TotalAmt01112
IRS990/AllOtherContributionsAmt0136591
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0578
IRS990/AllOtherExpensesGrp/TotalAmt0578
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Montgomery Firm CPA's PA
IRS990/BooksInCareOfDetail/PhoneNum08702226005
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0202 West Lynn Street McGehee AR
IRS990/BooksInCareOfDetail/USAddress/CityNm0McGehee
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071654
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt014998
IRS990/CashNonInterestBearingGrp/EOYAmt019934
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt03600
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt03600
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0136591
IRS990/CYGrantsAndSimilarPaidAmt01407381
IRS990/CYInvestmentIncomeAmt05282
IRS990/CYOtherExpensesAmt029002
IRS990/CYOtherRevenueAmt07722
IRS990/CYProgramServiceRevenueAmt04088
IRS990/CYRevenuesLessExpensesAmt0-1304906
IRS990/CYSalariesCompEmpBnftPaidAmt022206
IRS990/CYTotalExpensesAmt01458589
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0153683
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016431
IRS990/DepreciationDepletionGrp/TotalAmt016431
IRS990/Desc0Held annual Bar-BQ and auction as fundraiser. Managed and operated the Rohwer Location Japanese-American World War II Relocation Museum. Advertised and promoted the museuem as an important historical and educational exhibit. Transferred clinic real estate and medical personal property to our local hospital, McGehee Hospital, Inc., a 501(c)(3) organization.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt01458589
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02091
IRS990/FeesForServicesAccountingGrp/TotalAmt02091
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0James M Smith
IRS990/Form990PartVIISectionAGrp/PersonNm1Jamie Stallans
IRS990/Form990PartVIISectionAGrp/PersonNm2Bob Lucky
IRS990/Form990PartVIISectionAGrp/PersonNm3Pam Blissitt
IRS990/Form990PartVIISectionAGrp/PersonNm4Jack May
IRS990/Form990PartVIISectionAGrp/PersonNm5Leon Lloyd
IRS990/Form990PartVIISectionAGrp/PersonNm6Kenny Gober
IRS990/Form990PartVIISectionAGrp/PersonNm7Jeff Owyoung
IRS990/Form990PartVIISectionAGrp/PersonNm8Jim Daniels
IRS990/Form990PartVIISectionAGrp/PersonNm9Bob Ware
IRS990/Form990PartVIISectionAGrp/PersonNm10Kathy Ferguson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt02200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt05380
IRS990/FundraisingGrossIncomeAmt013102
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt01407381
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01407381
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01407381
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0159063
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt01120
IRS990/InsuranceGrp/TotalAmt01120
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05282
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05282
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0114938
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03577418
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0294398
IRS990/LandBldgEquipCostOrOtherBssAmt0409336
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Industrial Development of the McGehee, Arkansas area. Operation of the Rohwer Location World War II Japanese-American Internment Museum. Support of our local non-profit hospital.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01988937
IRS990/NetAssetsOrFundBalancesBOYAmt01976041
IRS990/NetAssetsOrFundBalancesEOYAmt0671135
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt07722
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07722
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01123
IRS990/OfficeExpensesGrp/TotalAmt01123
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Security
IRS990/OtherExpensesGrp/Desc3Maintenence
IRS990/OtherExpensesGrp/ProgramServicesAmt03642
IRS990/OtherExpensesGrp/ProgramServicesAmt11649
IRS990/OtherExpensesGrp/ProgramServicesAmt2636
IRS990/OtherExpensesGrp/ProgramServicesAmt3620
IRS990/OtherExpensesGrp/TotalAmt03642
IRS990/OtherExpensesGrp/TotalAmt11649
IRS990/OtherExpensesGrp/TotalAmt2636
IRS990/OtherExpensesGrp/TotalAmt3620
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017142
IRS990/OtherSalariesAndWagesGrp/TotalAmt017142
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0true
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01464
IRS990/PayrollTaxesGrp/TotalAmt01464
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0James M Smith
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Admissions and sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04088
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04088
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0293672
IRS990/PYGrantsAndSimilarPaidAmt011000
IRS990/PYInvestmentIncomeAmt0-6719
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt027944
IRS990/PYOtherRevenueAmt09226
IRS990/PYProgramServiceRevenueAmt03066
IRS990/PYRevenuesLessExpensesAmt0239430
IRS990/PYSalariesCompEmpBnftPaidAmt020871
IRS990/PYTotalExpensesAmt059815
IRS990/PYTotalRevenueAmt0299245
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1304906
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01976041
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0671135
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0373004
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0357287
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0294398
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0114193
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0408591
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0745
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0745
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0294398
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt01404381
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Transfer of Clinic Building & Equip
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Local Hospital Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0McGehee Hospital Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0364664248
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 351
IRS990ScheduleI/RecipientTable/USAddress/CityNm0McGehee
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd071654
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cost less debt assumed
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Industrial Foundation was keenly aware of the local hospital's need for and fundraising drive to construct a family medical clinic and to recruit doctors to our area. During 2019 we transferred the clinic real estate and personal property that we had constructed and acquired to McGehee Hospital, Inc. - a 501(c)(3) organization and our local hospital, transferring property costing $3,293,318 at the same time having the hospital assume/retire our existing related debt in the amount of $1,888,937. We have recorded the net of $1,404,381 as a grant to McGehee Hospital, Inc.The grant to the McGehee Boys and Girls Club was in support of their annual benefit bicycle tour which we proudly observed.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Medical Clinic real estate and personal property
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0McGehee Hospital Inc
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02019-02-22
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0364664248
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt01404381
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Net cost minus debt
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0PO Box 351
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0McGehee
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0AR
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd071654
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Any person interested in the industrial development of McGehee, Arkansas is eligible to be a member of the Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03965420
IRS990/TotalAssetsEOYAmt0671619
IRS990/TotalAssetsGrp/BOYAmt03965420
IRS990/TotalAssetsGrp/EOYAmt0671619
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0136591
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01458589
IRS990/TotalFunctionalExpensesGrp/TotalAmt01458589
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01989379
IRS990/TotalLiabilitiesEOYAmt0484
IRS990/TotalLiabilitiesGrp/BOYAmt01989379
IRS990/TotalLiabilitiesGrp/EOYAmt0484
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01976041
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0671135
IRS990/TotalProgramServiceExpensesAmt01458589
IRS990/TotalProgramServiceRevenueAmt04088
IRS990/TotalReportableCompFromOrgAmt03600
IRS990/TotalRevenueGrp/ExclusionAmt07722
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09370
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0153683
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03965420
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0671619
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 612
IRS990/USAddress/CityNm0McGehee
IRS990/USAddress/StateAbbreviationCd0AR

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$671,619
Liabilities
$484
Net assets
$671,135
Revenue
$153,683
Expenses
$1,458,589
Net income
-$1,304,906
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.00$0.54$0.05$0.04$0.01
2023Summary only. Only limited summary data is available for this year.$0.52$0.00$0.52$0.15$0.20$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.06$0.10$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.01$0.05$0.04
2020Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$0.03$0.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.15$1.46$1.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.97$1.99$1.98$0.30$0.06$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$2.15$1.74$0.67$0.07$0.59
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.02$0.07$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.14$0.05$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.35$0.06$0.28
2013Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$0.48$0.06$0.42
2012Summary only. Only limited summary data is available for this year.$0.41$0.00$0.05$0.20$0.25
2011Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$0.10$0.01$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • $500k-$1M nonprofits